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setting the applecart. apple earnings better than expected, for the most part and the market responds after hours. >> and midwest flooding, rain and snow soaked the country's midsection and the worst may be yet to come for businesses and farmers. >> and hollywood's new courtship. why the movie industry is seducing aging baby boomers. all of that and more on "nightly business report" for tuesday april 23rd. good evening, everyone. tyler, what a day. a lot of drama, a lot of suspensisu spen suspense. there was that surprising sell-off on wall street and the apple earnings after the market closed and. >> and yet when all was said and done the markets gaining for the third straight day, despite a mid-session sell-off on a fake tweet that spooked already jittery traders, but the big story right now is apple's second-quarter earnings and the news was mostly good. apple beat on the top and bottom lines on strong sales of the iphone and the ipad tablet. it's increasing a stock buyback program by a staggering $50 billion, spending some of its sh hrd and it's beg. >>ing up its dividend 15%, but
ago. >> and now for the final stock, apple, which doesn't fit in either one of these categories. but you saw it's a terrific buy. today the stock was down again. it's now trading at $3. why are y sing that put money into apple now? >> a year ago, there was too much euphoria. today there is too much pessimism. look, apple is reflecting an absolutely worst case scenario with earnings there to be reported this tuesday. there is likelihood it's not going to be that bad. and if tim cook can lay out a plan for a capital outlays to shareholders in terms of dividend increases and share buybacks and reassure investors of their products and their vision for products, i think this stock could be much higher next week. >> all right. very interesting information. thank you so much, hank. any disclosures to make? do you own any of these stocks? >> we own them all, and i own them all personally. >> thank you so much. have a great weekend. hank smith of haverford. >> thank you. >>> and coming up next, as the price of gold and silver plunge, we'll take you to one of the country's largest coin sh
Search Results 0 to 4 of about 5 (some duplicates have been removed)